News Corp and Telstra agree sale of Foxtel to sports streaming service DAZN for US$2.2bn

Pay TV channel sells along with the streaming services Kayo and Binge, subject to regulatory approval

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News Corp and Telstra will sell Foxtel in a US$2.2bn (A$3.4bn) deal, the comanies announced on Monday.

DAZN, a global sports streaming service, has agreed to buy a majority stake in the Australian pay television business, including the Kayo and Binge streaming services and the new Hubbl platform, subject to regulatory approval.